Bitreserve Users Can Now Peg Bitcoin to New Metals and Swiss Franc

Feb 18, 2015 at 9:18 a.m. UTC
Updated Sep 11, 2021 at 11:33 a.m. UTC

Bitreserve has added three new precious metals, a sixth currency option and five new languages to its bitcoin storage platform.

Having introduced gold last year, the site will now also allow its users to hold bitcoin pegged to silver, platinum or palladium.

Bitreserve has also integrated the Swiss franc, saying that it is "a strong currency in its own right with a proven track record of stability", adding that "it will empower our members to invest, move and hold their assets with confidence".

The additions will enable users to use bitcoin tied to a total of six fiat currencies and four precious metals.

The platform has also increased global accessibility, with a number of new language options. Apart from English, consumers will also now be able to engage with Bitreserve in Mandarin, Japanese, Portuguese, Spanish and  Russian (French and German are planned to be added in the future) raising the total number of options to six.

A spokesperson said:

"For Bitreserve, introducing multi-currency and multi-language options embodies our mission to unlock bitcoin for potential adopters around the world while enhancing user experience for current members. "

The news comes after the platform raised $9.6m in a crowdfunding campaign earlier this year.

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